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Egypt's PMI rises in July by exports, bring a halt to 21 month decline in orders

Egypt’s PMI rises in July by exports, bring a halt to 21 month decline in orders

August 5, 2017

Non-oil private-sector growth in Egypt, north Africa’s largest economy, rose in July, lifted by a rise in new export orders, according to the latest purchasing managers’ index produced by IHS …

Egypt’s PMI rises in July by exports, bring a halt to 21 month decline in orders Read More
Nigeria will be Africa’s industrial hub in few years – Oyegun

Nigeria will be Africa’s industrial hub in few years – Oyegun

August 5, 2017

National Chairman of the All Progressives Congress (APC), John Odigie-Oyegun has said that the diversification efforts of the President Muhammadu Buhari administration, will be evident in a few years as …

Nigeria will be Africa’s industrial hub in few years – Oyegun Read More
Nigeria: Government Targets 500,000 Metric Tonnes Cocoa Production By 2021

Nigeria: Government Targets 500,000 Metric Tonnes Cocoa Production By 2021

August 5, 2017

In efforts to diversify the nation’s economy from the oil to non-oil sectors like agriculture and solid minerals, the Federal Government has set a target of 500,000 metric tonnes (MT) …

Nigeria: Government Targets 500,000 Metric Tonnes Cocoa Production By 2021 Read More
Businessmen eye trade boom in BRICS countries

Businessmen eye trade boom in BRICS countries

August 5, 2017

As the 2017 BRICS summit draws near, young Brazilian businessman Marcos Caldeira is filled with anticipation. “The BRICS Summit will further strengthen trade between Brazil and China and is a …

Businessmen eye trade boom in BRICS countries Read More
Giant Tunisian desert solar project aims to power EU

Giant Tunisian desert solar project aims to power EU

August 5, 2017

The high-profile Desertec initiative, conceived with 19 shareholders and a budget of €400 billion, flopped amid cost concerns and political instability across North Africa. Now a massive project in Tunisia …

Giant Tunisian desert solar project aims to power EU Read More
Tanzania Ports Authority to construct extensive dry port at Katosho

Tanzania Ports Authority to construct extensive dry port at Katosho

August 4, 2017

Tanzania Ports Authority (TPA) has plans to construct an extensive dry port at Katosho, Kigoma. The port will be termed as one among the biggest investment made by the authority …

Tanzania Ports Authority to construct extensive dry port at Katosho Read More
Foreign direct investment in African economies within global financial markets

Foreign direct investment in African economies within global financial markets

August 4, 2017

Inward foreign direct investment (FDI) flows to Africa during 2015 were estimated at between US$54-57.5bn, with some variance between sub-regions. According to The African Development Bank (AfDB), FDI in East …

Foreign direct investment in African economies within global financial markets Read More
Entrepreneur Boateng Gemfi leads Exim Bank

Entrepreneur Boateng Gemfi leads Exim Bank

August 4, 2017

An astute businessman, Kwadwo Boateng Genfi has been named as the Board Chairman of Ghana’s Exim bank. He is among eight others on the board. Speaking at the inauguration of …

Entrepreneur Boateng Gemfi leads Exim Bank Read More
Bric trade expands to R4 trillion - dti

Bric trade expands to R4 trillion – dti

August 4, 2017

South Africa had strong and growing trade and investment ties with the other Brics – Brazil, Russia, India and China – members, particularly China and India, according to a statement …

Bric trade expands to R4 trillion – dti Read More
‘Sadc region sitting on massive gas reserves’

‘Sadc region sitting on massive gas reserves’

August 4, 2017

Southern Africa is most likely sitting on massive natural gas reserves of more than 600 trillion cubic feet which the region must exploit to reduce a heavy reliance on biomass …

‘Sadc region sitting on massive gas reserves’ Read More

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